Breach of important price line imminent by EURCHF

Past performance is not an indicator of future results.
EURCHF is moving towards a line of 1.0738 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURCHF continues in its current trajectory, we can expect it to reach 1.0738 within the next 14 hours.